Parks Alliance Of Louisville Inc
- Assets
- $3.8m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 4
- Location
- Louisville, KY
- Founding
- 08/2006
- Data as of
- 12/2021
- EIN
- 20-4372292
Organization Overview
Parks Alliance Of Louisville Inc, operating under the name Louisville Parks Foundation, is located in Louisville, KY. The organization was established in 2006. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. As of 12/2021, Louisville Parks Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisville Parks Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Louisville Parks Foundation generated $4.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 46.5% each year . All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 25.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DRIVE EQUITABLE INVESTMENT IN OUR PUBLIC PARKS TO ELEVATE THE WELLBEING OF THE ENTIRE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO RAISE FUNDS TO SUPPORT IMPROVEMENTS TO LOUISVILLE METRO PARKS WITH A VISION OF CREATING GREAT PARKS FOR ALL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brooke Pardue President/ceo | Officer | 40 | $83,214 |
Tamra Hamade Treasurer | OfficerTrustee | 1 | $0 |
Scott Kiefer Chair | OfficerTrustee | 1 | $0 |
Jessica Morgan Secretary | OfficerTrustee | 1 | $0 |
Brandy Kelly-Pryor Director | Trustee | 1 | $0 |
Steve Gumlaw Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $65,600 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,814,674 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,880,274 |
| Total Program Service Revenue | $1,886,859 |
| Investment income | $202 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,767,335 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $76,287 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $90,555 |
| Compensation of current officers, directors, key employees. | $40,585 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $109,409 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,875 |
| Payroll taxes | $14,244 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $110,281 |
| Office expenses | $4,992 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $523 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,350 |
| All other expenses | $0 |
| Total functional expenses | $1,997,342 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $174,010 |
| Savings and temporary cash investments | $3,148,741 |
| Pledges and grants receivable | $482,166 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,804,917 |
| Accounts payable and accrued expenses | $342,482 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $92,468 |
| Total liabilities | $434,950 |
| Net assets without donor restrictions | $759,110 |
| Net assets with donor restrictions | $2,610,857 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,804,917 |
Grants Awarded
Over the last fiscal year, Parks Alliance Of Louisville Inc has awarded $114,172 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
LOUISVILLE METRO PARKS PURPOSE: TO SUPPORT LOUISVILLE METRO PARK IMPROVEMENTS | $39,066 |
LOUISVILLE METRO PARKS PURPOSE: TO SUPPORT LOUISVILLE METRO PARK IMPROVEMENTS | $39,066 |
Louisville, KY PURPOSE: TO SUPPORT SUMMER BLESSINGS PROGRAM | $18,020 |
Louisville, KY PURPOSE: TO SUPPORT SUMMER BLESSINGS PROGRAM | $18,020 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Parks Alliance Of Louisville Inc has recieved totaling $967,744.
| Awarding Organization | Amount |
|---|---|
James Graham Brown Foundation Inc Louisville, KY PURPOSE: MAPLE STREET PARK PROJECT | $700,000 |
Gheens Foundation Inc Louisville, KY PURPOSE: GENERAL OPERATIONS - PARK PROJECTS | $200,000 |
W L Lyons Brown Foundation Louisville, KY PURPOSE: OPERATIONAL SUPPORT | $60,058 |
Honorable Order Of Kentucky Colonels Inc Louisville, KY PURPOSE: GENERAL SUPPORT | $5,176 |
International Paper Company Foundation Memphis, TN PURPOSE: PUBLIC WATER WORKS PROJECT | $2,374 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $136 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sahara Conservation Fund St Louis, MO | $1,650,804 | $2,366,783 |
Parks Alliance Of Louisville Inc Louisville, KY | $3,804,917 | $4,767,335 |
Dogwood Canyon Foundation Springfield, MO | $39,263,762 | $34,107 |
American Mathematical Association Of Two Year Colleges Inc Memphis, TN | $2,684,131 | $920,073 |
Columbus Recreation And Parks Foundation Columbus, OH | $1,131,377 | $798,091 |
Wdh Foundation-C3 Tr Saint Louis, MO | $38,298,964 | $2,032,305 |
Land Improvement Contractors Of America Inc Lisle, IL | $378,852 | $543,453 |
Southern Indiana Cooperative Weed Management Area Inc Bedford, IN | $176,212 | $498,239 |
Inland Rivers Ports And Terminals Inc St Louis, MO | $435,381 | $507,075 |
Fort Campbell Historical Foundation Inc Ft Campbell, KY | $9,850,011 | $365,456 |
Wdh Foundation-C4 Saint Louis, MO | $87,080,899 | $1,816,393 |
Whitewater Canal Trail Inc Brookville, IN | $1,012,026 | $945,526 |